Forum Topics GTK GTK ASX Announcements

Pinned straw:

Straw deleted
edgescape
Added 2 years ago

So GTK is currently trading over 110x PE based on last earnings and going the direction of PME.

Let's say if forward earnings continue, it may hit EPS of 11c

That would give a forward PE of about 81x

Have to remember though before the result when the shares were around 7.10, the PE was 95.

So in actual fact, 8.98 could be relatively cheap IF things work out.

Hoping my thinking makes sense because wouldn't mind getting a bit more. Sounds silly buying something at 100x PE when I could say average down on DVP right? Or buy poorer cousin Hansen? Simple minded thinking.

Well I'm still looking into Hansen but need to assess the issues behind the Powercloud acquisition.

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